Frankfurt/Main 11 October 2016.
The development of revenues in the Permanent Placement service especially in the third quarter was very positive as well as a stabilized order situation in temporary staffing. Therefore the Management Board adjusts its forecast regarding operating result for fiscal year 2016.
So far an operating result (EBITA) between 5% and 10% below the 2015 result was expected. Now the operating result is assumed to be at the prior-year level.
Beside the explained development of revenues the 2016 result will be positively impacted by the postponement of IT costs for a new frontend software program. The implementation will take place during the first months of 2017. The strengthening of the sales organization and the related personal investments proceeds slightly behind the planned schedule.
The detailed figures for the first nine months 2016 will be published, as announced, on 20 October 2016 within the context of the quarterly statement.
Amadeus FiRe AG
Tel: +49 (69) 96 876-180